INDUSTRY NEWS

YEAR

  1. All
  2. 2013
  3. 2014

MONTH

  1. All
  2. JAN
  3. FEB
  4. MAR
  5. APR
  6. MAY
  7. JUN
  8. JUL
  9. AUG
  10. SEP
  11. OCT
  12. NOV
  13. DEC

CHANGE DATE

30

Aug 2015

UK Government Extending Curren...

30

Aug 2015

Consumer Reports: Tesla P85D I...

30

Aug 2015

€10 Billion Green Bonds Issu...

27

Aug 2015

Citigroup Analysts: $100 Trill...

27

Aug 2015

New Figures Suggest That Germa...

27

Aug 2015

Citigroup: Wind & Solar En...

26

Aug 2015

Brazilian Authorities Approve ...

26

Aug 2015

Capital Territory Of Canberra ...

26

Aug 2015

The Dutch Windwheel—Gian...

25

Aug 2015

Project Sunroof—Online T...

25

Aug 2015

Aston Martin Releasing All-Ele...

23

Aug 2015

Audi’s 500-Kilometer EV ...

23

Aug 2015

Pollution In China Kills Thous...

22

Aug 2015

Suntech Signs 200 MW Solar Pan...

22

Aug 2015

SkyPower Cements India Presenc...

20

Aug 2015

These Top 20 Solar Cities Repr...

20

Aug 2015

153% Increase in UK Solar Elec...

20

Aug 2015

Sharp Releasing DC-Powered Air...

18

Aug 2015

ACME Solar Wins 446 MW In Indi...

18

Aug 2015

Over 71% Of Surveyed Southern ...

15

Aug 2015

UK Gives Planning Consent To P...

15

Aug 2015

Siemens Announces Intent For 2...

15

Aug 2015

China Begins Construction On 2...

12

Aug 2015

BYD Electric Buses Carry 2015 ...

12

Aug 2015

World’s First Biomass and Ge...

11

Aug 2015

Germany Sees Record High In PV...

10

Aug 2015

Latin America Saw 363 MW Of Ne...

10

Aug 2015

Report: Solar PV Installations...

09

Aug 2015

Report: Battery Storage Costs ...

09

Aug 2015

The 5 Most Important Things To...

07

Aug 2015

Solar Power To Be Cheaper Than...

07

Aug 2015

SunEdison Signs On As Co-Devel...

06

Aug 2015

Report: Wind Energy Generation...

06

Aug 2015

BYD & Alexander Dennis Lim...

04

Aug 2015

European Wind Energy Associati...

04

Aug 2015

SunEdison Lands Largest Solar ...

04

Aug 2015

India To Have 34 GW Solar Powe...

04

Aug 2015

$15 Billion Investment In Indi...

31

Jul 2015

200 GW Of Solar Capacity In Ch...

31

Jul 2015

Germany Achieved A 78% Renewab...

31

Jul 2015

Report: Australia To Lose $350...

31

Jul 2015

Report: Wind Energy Provided 8...

29

Jul 2015

SkyPower Agrees To Develop 1 G...

29

Jul 2015

450 MW Solar PV Project In Mul...

29

Jul 2015

Texas Microgrid Integrating 9 ...

27

Jul 2015

Finances Secured For 200 MW Du...

27

Jul 2015

Yingli To Supply 240 MW Solar ...

26

Jul 2015

Toyota Prius Taxi Hits 600,000...

26

Jul 2015

Panasonic Donates Solar Lanter...

23

Jul 2015

Island Leaders Endorse Action ...

23

Jul 2015

Amazon.com Strikes Deal To Pur...

23

Jul 2015

Report: Global Energy Storage ...

21

Jul 2015

Solar + Battery Storage Cheape...

21

Jul 2015

Enel Green Putting $220 Millio...

21

Jul 2015

Enel Green Power Signs $3.5 Bi...

21

Jul 2015

SkyPower Scores 150 MW Solar A...

17

Jul 2015

Solar Powered Desalination Pro...

17

Jul 2015

Nearly $600 Billion Dollars Wo...

16

Jul 2015

Thailand’s Solar Energy ...

16

Jul 2015

China Reaches 10 GW Milestone ...

16

Jul 2015

SunnyMoney Recognized Via Unil...

16

Jul 2015

India Issues Detailed Guidelin...

14

Jul 2015

India Announces Loan Scheme Fo...

14

Jul 2015

India’s Adani Power Plans $7...

13

Jul 2015

Updated Stella Lux Solar Car P...

13

Jul 2015

India Details 40 GW Rooftop So...

12

Jul 2015

National Solar Thermal Test Fa...

10

Jul 2015

Largest Concentrating Solar Pr...

09

Jul 2015

EV Sales In UK Boom—350%...

09

Jul 2015

Fraunhofer ISE Opens New Resea...

07

Jul 2015

Emirates Insolaire Completes W...

07

Jul 2015

Toronto To Offer ‘10-Min...

06

Jul 2015

Mitsubishi Outlander Plug-In H...

06

Jul 2015

World’s First Electricit...

03

Jul 2015

Global Solar PV Market Forecas...

03

Jul 2015

Google Offering $5 Million For...

02

Jul 2015

India Expected To Add 3.5 GW O...

02

Jul 2015

Japan’s SoftBank Announces $...

02

Jul 2015

Protected Bike Lane Network La...

30

Jun 2015

Wiser Capital Survey: 2/3 Of L...

30

Jun 2015

Al Gore Using Zayed Future Ene...

29

Jun 2015

Renault-Nissan Sells Its 250,0...

29

Jun 2015

First Solar Providing Solar PV...

27

Jun 2015

Etihad Airways Unveils Roadmap...

26

Jun 2015

Report: Renewable Energy Is Bi...

25

Jun 2015

Schneider Electric Building Ne...

24

Jun 2015

Seattle’s Pronto Bikesha...

24

Jun 2015

Sidewalk Labs—GoogleR...

23

Jun 2015

SunShot Catalyst Prize Competi...

23

Jun 2015

Schneider Electric Gets 100 MW...

22

Jun 2015

India’s Crosses 4 GW Install...

22

Jun 2015

ABB Wins $20 Million Order To ...

21

Jun 2015

Indian Government Puts Stamp O...

21

Jun 2015

Fraunhofer ISE Director Eicke ...

20

Jun 2015

Japan Headed Towards Solar Ene...

19

Jun 2015

Samsung SDI Unveils 5.5 kWh &a...

18

Jun 2015

SunEdison Raises $403 Million ...

17

Jun 2015

New Conversion Efficiency Worl...

17

Jun 2015

City Of Cologne Now First In M...

31

Aug 2014

Daimler & BYD’s Denza Electric Vehicle In Production, To Launch In Days

31 August 2014 | Posted by Zachary

Daimler & BYD’s Denza Electric Vehicle In Production, To Launch In Days

Daimler & BYD's joint Denza electric vehicle is now reportedly being produced in China. It should hit the market in September.

Daimler, a German company, and BYD, a Chinese company, created the joint venture Shenzhen BYD Daimler New Technology Co., Ltd., last year. The Denza, a 100% electric vehicle, is being produced in Pingshan, Shenzhen. The faactory has the capacity to build 40,000 electric cars per year.

With BYD having 37% of the Chinese electric car market this year, more than any other company, it's a good partner for Daimler. Setting up the joint venture also helps a great deal with Chinese policies. "Domestic production will help Daimler evade China’s 25% export taxes, in addition to the value added tax and consumption tax, which combine to substantially raise model prices," Trefis notes.

China is a bit of a sleeping giant in the electric car market. In 2012, it announced an aim to have 500,000 electric vehicles on the road by 2015, and 5 million by 2020. Only 17,600 were sold in 2013.... With such a huge gap between sales and ambitions, the Chinese government is increasing incentives, trying to convince provinces to make their incentives more inclusive (at least, for products made in China), and installing a lot of charging stations.

"As the country looks to persuade consumers to purchase environmentally-friendly electric vehicles, government subsidies could lower the 369,000 yuan (around $60,000) starting price for a Denza by around 110,000 yuan, almost 30%. In addition, starting next month, China will also exempt new energy vehicles, including plug-in electric and hybrid-electric and fuel-cell vehicles, from a purchase tax. This will further lower prices for Denza and make the high-priced electric vehicles more affordable for customers."

Furthermore, the government has just announced plans to pump 100 billion yuan ($16 billion) into the installation fo EV charging infrastructure.

Some provinces are making strong moves in support of electric vehicles as well. For example, the city of Shenzhen recently passed a law requiring that all new apartment buildings or condos include EV charging stations for each parking space in the project.

Taking everything into consideration, I think electric vehicles will have a strong future in China. With BYD having such a strong presence in the country (a few years ago, self-made Chinese billionare Wang Chuan Fu, who is the CEO, chairman, founder, and president of BYD, was actually the richest man in China), I think Daimler, which is already doing well in China because of its strong Mercedes brand, made a good decision teaming up with BYD.

Image by Shenzhen BYD Daimler New Technology

Post a Comment

Tweet
LinkedIn
industry news

Daimler & BYD’s Denza Electric Vehicle In Production, To Launch In Days

31 Aug 2014 | Posted by Zachary

Daimler & BYD's joint Denza electric vehicle is now reportedly being produced in China. It should hit the market in September.

Daimler, a German company, and BYD, a Chinese company, created the joint venture Shenzhen BYD Daimler New Technology Co., Ltd., last year. The Denza, a 100% electric vehicle, is being produced in Pingshan, Shenzhen. The faactory has the capacity to build 40,000 electric cars per year.

With BYD having 37% of the Chinese electric car market this year, more than any other company, it's a good partner for Daimler. Setting up the joint venture also helps a great deal with Chinese policies. "Domestic production will help Daimler evade China’s 25% export taxes, in addition to the value added tax and consumption tax, which combine to substantially raise model prices," Trefis notes.

China is a bit of a sleeping giant in the electric car market. In 2012, it announced an aim to have 500,000 electric vehicles on the road by 2015, and 5 million by 2020. Only 17,600 were sold in 2013.... With such a huge gap between sales and ambitions, the Chinese government is increasing incentives, trying to convince provinces to make their incentives more inclusive (at least, for products made in China), and installing a lot of charging stations.

"As the country looks to persuade consumers to purchase environmentally-friendly electric vehicles, government subsidies could lower the 369,000 yuan (around $60,000) starting price for a Denza by around 110,000 yuan, almost 30%. In addition, starting next month, China will also exempt new energy vehicles, including plug-in electric and hybrid-electric and fuel-cell vehicles, from a purchase tax. This will further lower prices for Denza and make the high-priced electric vehicles more affordable for customers."

Furthermore, the government has just announced plans to pump 100 billion yuan ($16 billion) into the installation fo EV charging infrastructure.

Some provinces are making strong moves in support of electric vehicles as well. For example, the city of Shenzhen recently passed a law requiring that all new apartment buildings or condos include EV charging stations for each parking space in the project.

Taking everything into consideration, I think electric vehicles will have a strong future in China. With BYD having such a strong presence in the country (a few years ago, self-made Chinese billionare Wang Chuan Fu, who is the CEO, chairman, founder, and president of BYD, was actually the richest man in China), I think Daimler, which is already doing well in China because of its strong Mercedes brand, made a good decision teaming up with BYD.

Image by Shenzhen BYD Daimler New Technology

Post a Comment

facebook tweet linkedin